Month: July 2022

Company Also Announces Quarterly Cash Dividend on Preferred Stock VIRGINIA BEACH, Va., July 28, 2022 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) announced that for the third quarter of 2022, its Board of Directors declared a cash dividend of $0.19 per common share, representing a 12% increase over the prior quarter’s dividend. The third quarter cash dividend will be payable on October 6, 2022 to stockholders of record on September 28, 2022. The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on October 14, 2022 to stockholders of record on October 3, 2022. “Sustained growth across our entire portfolio, accretive development projects coming online, and earnings poised to surpass pre-pandemic levels, provided ample...

London, July 28, 2022 − The Board of Shell plc (“Shell” or the “Company”) today announced an interim dividend in respect of the second quarter of 2022 of US$ 0.25 per ordinary share. Details relating to the second quarter 2022 interim dividendPer ordinary share Q2 2022Shell Shares (US$) 0.25Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling. The pound sterling and euro equivalent...

ST. JOHN’S, Newfoundland and Labrador, July 27, 2022 (GLOBE NEWSWIRE) —                         The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends:$0.3063 per share on the First Preference Shares, Series “F” of the Corporation, payable on September 1, 2022 to the Shareholders of Record at the close of business on August 19, 2022;   $0.2745625 per share on the First Preference Shares, Series “G” of the Corporation, payable on September 1, 2022 to the Shareholders of Record at the close of business on August 19, 2022;   $0.11469 per share on the First Preference Shares, Series “H” of the Corporation, payable on September 1, 2022 to the Shareholders of Record at the close of business on August...

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, July 27, 2022 (GLOBE NEWSWIRE) — (TSX: LBS, LBS.PR.A) Life & Banc Split Corp. (the “Company”) is pleased to announce that it has completed a treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) for aggregate gross proceeds of approximately $43.3 million. The Class A Shares and Preferred Shares will trade on the Toronto Stock Exchange under the existing symbols LBS (Class A Shares) and LBS.PR.A (Preferred Shares). The Class A Shares were offered at a price of $8.65 per Class A Share for a distribution rate of 13.9% on the issue price, and the Preferred Shares were offered at a price of $10.00 per Preferred Share for a yield to maturity of 5.6%.(1) The Class A Share...

VERO BEACH, Florida, July 27, 2022 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the August 2022 cash dividend for the Company’s Common Stock. August 2022 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateAugust 2022   $0.10   August 15, 2022   August 29, 2022             Certain Tax MattersARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the discretion...

VANCOUVER, British Columbia, July 26, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on September 29, 2022 to shareholders of record at the close of business on September 15, 2022. In addition to the dividend, and in accordance with Teck’s Capital Allocation Framework, the Board has directed management to apply up to US$500 million to the repurchase of Class B subordinate voting shares. These proposed share repurchases are in addition to the US$500 million (of which US$436 million has been purchased to date) and C$100 million in share repurchases previously announced in 2022. All share repurchases...

MALVERN, Pa., July 26, 2022 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending September 30, 2022. The dividend is payable on October 17, 2022 to common shareholders of record on October 3, 2022.   About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,279 self-storage properties across the United States. According to the 2022 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine...

MONTREAL, July 26, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2022 dividend on the Company’s common shares outstanding. A quarterly dividend of seventy-three and a quarter cents (C$0.7325) per common share will be paid on September 29, 2022, to shareholders of record at the close of business on September 8, 2022. About CNCN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 18,600-mile rail network, CN and its affiliates have...

GLENWOOD SPRINGS, Colo., July 26, 2022 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the second quarter ended June 30, 2022. The Company reported net income of $17.5 million, or $171.52 per basic Class A common share and $1.14 per basic Class B common share, for second quarter 2022. Achievements in second quarter 2022, and the past 12 months, include:Basic earnings per Class A common share increased 38.4%, or $47.55, during second quarter 2022 Basic earnings per Class A common share increased 2.3%, or $6.65 during the last 12 months ended June 30, 2022 Basic earnings per Class B common share increased 38.4%, or $0.32, during second quarter 2022 Basic earnings per Class B common share increased 2.3%,...

BRAINTREE, Mass., July 25, 2022 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the third quarter of 2022. The third quarter 2022 dividend is the forty-second consecutive dividend in the Company’s history. The dividend will be paid on October 4, 2022 to shareholders of record as of the close of business on September 16, 2022. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declaration of dividends is in the best interests of Altra’s shareholders and is in compliance with all...